Sources said that Coca-Cola contributed about $10 million to the latest round of financing, with Goldman Sachs (NYSE:GS) kicking in $50 million. The remainder came from Fidelity Investments and Spotify’s current investors.

Spotify, which was founded in Sweden, but relocated to the U.S. last year, continues to lose money. It has atracted 4 million paying subscribers, and 15 million total users around the world. In 2011, the firm raked in $236 million in revenue, but posted a $57 million annual loss.